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MARKETS / COMPARE / H VS LVS

H vs LVS

Hyatt Hotels Corp. and LAS Vegas Sands Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

H vs LVS, at a glance
Metric H LVS
Revenue$7.1B$13.0B
Net income$-52.0M$1.6B
Gross margin··
Net margin−0.7%14.3%
Return on equity−1.5%72.7%
Diluted EPS−$0.55$2.35
Dividend / share$0.15$1.00
Payout ratio−109.6%51.2%
Free cash flow$159.0M$1.9B
Equity$3.3B$1.6B
Net debt / equity1.05×6.80×
Current ratio0.75×1.14×
Revenue CAGR 5y28.0%34.7%
Profit CAGR 5y··

LVS bills 1.8× the revenue of H, and H closed the last reported year at a loss.

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

H vs LVS, revenue by year
Fiscal year H LVS
FY2025$7.1B$13.0B
FY2024$6.6B$11.3B
FY2023$6.7B$10.4B
FY2022$5.9B$4.1B
FY2021$3.0B$4.2B
FY2020$2.1B$2.9B
FY2019$5.0B$12.1B
FY2018$4.5B$13.7B
FY2017$4.5B$12.7B
FY2016$4.3B$11.3B
Net income by year

Bottom line

H vs LVS, net income by year
Fiscal year H LVS
FY2025$-52.0M$1.6B
FY2024$1.3B$1.4B
FY2023$220.0M$1.2B
FY2022$455.0M$1.8B
FY2021$-222.0M$-961.0M
FY2020$-703.0M$-1.7B
FY2019$766.0M$2.7B
FY2018$769.0M$2.4B
FY2017$389.0M$2.8B
FY2016$206.0M$1.7B
Revenue gap over time

17 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$5,916,000,000LVS
FY2024−$4,650,000,000LVS
FY2023−$3,705,000,000LVS
FY2022+$1,781,000,000H
FY2021−$1,206,000,000LVS
FY2020−$874,000,000LVS
FY2019−$7,107,000,000LVS
FY2018−$9,275,000,000LVS
FY2017−$8,266,000,000LVS
FY2016−$7,006,000,000LVS
FY2015−$7,360,000,000LVS
FY2014−$10,169,000,000LVS
FY2013−$9,585,885,000LVS
FY2012−$7,182,132,000LVS
FY2011−$5,712,745,000LVS
FY2010−$3,326,182,000LVS
FY2009−$1,233,105,000LVS

The higher-revenue side has changed between H and LVS over this period. The gap has widened since the earliest year compared.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

17 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025−15.0 ppLVS
FY2024+4.0 ppH
FY2023−10.5 ppLVS
FY2022−25.3 ppLVS
FY2021+22.8 ppH
FY2020+38.9 ppH
FY2019−12.0 ppLVS
FY2018−4.2 ppLVS
FY2017−16.9 ppLVS
FY2016−13.1 ppLVS
FY2015−17.5 ppLVS
FY2014−16.8 ppLVS
FY2013−16.6 ppLVS
FY2012−14.7 ppLVS
FY2011−17.0 ppLVS
FY2010−9.8 ppLVS
FY2009+6.7 ppH

The higher net margin has changed hands between H and LVS over this period.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

LVS's net margin has been more volatile than H's over the 17 comparable fiscal years — 25.1 percentage points of standard deviation against 11.4.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between H and LVS over these 17 fiscal years — H led in 4 and LVS in 13.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

LVS's return on equity has been more volatile than H's over the 17 comparable fiscal years — 29.8 percentage points of standard deviation against 11.8.

17 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between H and LVS over these 17 fiscal years — H led in 3 and LVS in 14.

17 of 17 comparable fiscal years — a year missing data on either side is not counted.

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